(VIANEWS) - EUR/JPY (EURJPY) has been up by 1.0582% for the last session's close. At 15:06 EST on Wednesday, 17 July, EUR/JPY (EURJPY) is $170.73.
Eur/jpy price analysis: the first upside target emerges above 172.50
The EUR/JPY cross weakens near 172.45 on Wednesday during the early European session. , According to the 4-hour chart, the bearish outlook of EUR/JPY remains intact as the cross holds below the key 100-period Exponential Moving Averages (EMA).
EUR/JPY (EURJPY) Range
About EUR/JPY's daily highs and lows, it's 1.017% down from its trailing 24 hours low of $172.49 and 1.101% down from its trailing 24 hours high of $172.63.
EUR/JPY's yearly highs and lows, it's 15.523% up from its 52-week low and 2.669% down from its 52-week high.
Volatility
EUR/JPY's last week, last month's, and last quarter's current intraday variation average was a negative 0.11%, a positive 0.12%, and a positive 0.34%, respectively.
EUR/JPY's highest amplitude of average volatility was 0.35% (last week), 0.27% (last month), and 0.34% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/JPY's Forex is considered to be overbought (>=80).
Previous days news about EUR/JPY (EURJPY)
- Eur/jpy price analysis: downward pressured, clings to 172.00. According to FXStreet on Monday, 15 July, "The EUR/JPY remains under pressure for the third straight day after Japanese authorities intervened in the FX space last Thursday, although policymakers have not confirmed this. ", "On further strength, the EUR/JPY first resistance would be the Senkou Span A at 172.45 before testing the Tenkan-Sen at 173.43."
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